User Account

All Pages

What is the firm net income in the current year

Assignment Help Finance Basics
Reference no: EM133123691

Problem:

Item

Prior year

Current year

Accounts payable

8,118.00

7,829.00

Accounts receivable

6,029.00

6,741.00

Accruals

1,012.00

1,541.00

Cash

???

???

Common Stock

11,095.00

11,678.00

COGS

12,643.00

18,011.00

Current portion long-term debt

4,918.00

5,048.00

Depreciation expense

2,500

2,850.00

Interest expense

733

417

Inventories

4,103.00

4,795.00

Long-term debt

13,439.00

14,786.00

Net fixed assets

50,064.00

54,854.00

Notes payable

4,377.00

9,903.00

Operating expenses (excl. depr.)

13,977

18,172

Retained earnings

28,373.00

30,540.00

Sales

35,119

47,477.00

Taxes

2,084

2,775

  1. What is the firm's net income in the current year?
  2. What is the firm's dividend payment in the current year?
  3. What is the firm's cash flow from operations?
  4. What is the firm's cash flow from financing?
  5. What is the firm's cash flow from investing?
  6. What is the firm's total change in cash from the prior year to the current year?

Reference no: EM133123691

Questions Cloud

What is the most you would be willing to pay : If your required return on this stock is 7.39 percent, what is the most you would be willing to pay for Blue Grass, Inc. common stock now
Determining the market risk premium : Also determine the above ratios under the following alternate scenario: HG # of Years = 7; SG rate = 2.0%
Discursive leadership theory : Write a paper focused on "discursive leadership theory" literature review, and describe the primary scholarly literature that gives expression
What is the outstanding balance : Your mortgage has 20 years left, and has an APR of 7.6% with monthly payments of $1500.
What is the firm net income in the current year : What is the firm's net income in the current year? What is the firm's dividend payment in the current year?
What elements of embezzlement are present : What elements of embezzlement are present in this situation? Should Sabrina be convicted of embezzlement? Why or why not?
How would you account for this contract : You and the new supplier, Lab Reagents Inc, have signed a contract that states that in 2022, How would you account for this contract
What is the ytm on bond : Suppose you pay $508 for a zero-coupon bond that has 10 years left to maturity. Assuming annual compounding, what is the YTM on this bond? Answer in the percent
Determine the enterprise value for the company : The Thibodeaux Crawfish Company wants to determine its value multiple. They are estimating a 6 year high-growth period with a starting sales level of $15,000, E

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd